Could this technology be ultimate weapon against cash heists?

Technology could be the answer to curbing brazen cash heists in South Africa.

However, it boils down to legislation.

Gauteng community safety MEC Sizakele Nkosi-Malobane says her department is investigating legislation which will force security companies transporting money to make use of technology which would make it nearly impossible for criminals to get their sticky fingers on the cash.

But the use of such technology is going to have to be approved by the Reserve Bank as it can potentially destroy the money being transported.

Malobane says the technology is not completely new.

“For some reason, some companies decided to abandon and relax in terms of using this technology because there was no legislation that enforces that particular technology to be used,” she says. “I think it is about cost cutting.”

But the increasing risk is making security companies rethink their strategies, Malobane told the POWER Breakfast team.

Malobane says lengthy insurance claim processes could also be a reason for companies steering away from making use of this particular technology.

Lifestyle audits

The MEC says it is not only lower level workers who could be feeding information to criminals.

She says all employees should be subjected to lifestyle audits, including the top management at security companies and law enforcement agencies.

“We can’t be selective. We must investigate everyone. We must also investigate the police as well,” Malobane says. “We need to make sure people are living according to their means.”